Your browser is unsupported

Please visit this URL to review a list of supported browsers.

NYSE Logo
MARKETS / NYSE BONDS

Market Information

Trading Calendar

Trading Hours

  • Early Trading 4:00 a.m. ET — 8:00 a.m. ET
  • Core Trading 8:00 a.m. ET — 5:00 p.m. ET
  • Late Trading 5:00 p.m. ET — 8:00 p.m. ET

Bond Auctions

The NYSE conducts two daily bond auctions – an Opening Bond Auction at 4:00 a.m. ET and a Core Bond Auction at 8:00 a.m. ET. Orders not executed in either auction become eligible for continuous trading immediately after the auction.

Holidays

Holidays and Holiday Hours

Jump to

Trading Calendar
Connectivity
Clearing
Forms

Connectivity

NYSE Bonds offers a range of fast, reliable connectivity options designed to suit the needs of high-volume traders, to make connecting to our markets the easiest part of your day.

NYSE Bonds FIX Gateway Specification

Connect Directly Through the FIX Gateway

Connect directly to all NYSE markets through the NYSE FIX Gateway, which combines superior performance and speed to provide inbound order routing, execution reporting, and market-making capabilities.

Connect with Bloomberg

As a Bloomberg Trade Order Management System (TOMS) customer, a preferred strategic partnership with NYSE Bonds will give you an additional avenue of liquidity—at no added cost. For more information, please visit the Bloomberg TOMS page.

Clearing

NYSE Bonds leverages NYSE Arca’s all-electronic trading platform to provide efficient and transparent trades.

Post Trade Processing

Once a trade has been executed, trade details are transmitted to the National Securities Clearing Corporation (NSCC®) for clearance and settlement via the Regional Interface Organization (RIO). All DTCC/NSCC RIO eligible bond trades executed on the NYSE Bonds platform will be submitted to NSCC® without an omnibus account as "locked-in transactions" meaning that the bond platform has matched the details of the trades from buyer and seller.

Clearance and Settlement Notices

  • Give-ups will not be available
  • All trades will be reported to NSCC® with the accrued interest included in the price
  • If the bond is CNS eligible, all trade settlement will follow the regular way, two-day settlement timetable
  • The buyer and seller will be responsible for certain bonds that trade ex-clearing and clearing submission
  • DTCC supports NYSE RIO for all participants that trade bonds on NYSE. To receive the NYSE RIO, please contact your Depository Trust and Clearing Corp. (DTCC) representative.

All DTCC / NSCC RIO eligible bond trades executed on the NYSE platform will match the trade details of both buyer and seller by submitting them to NSCC® as locked-in transactions without an omnibus account.

More Information

Clearing for New NYSE Bonds Platform
NYSE Bonds Ex-Clearing Securities
NYSE Bonds Participant Clearing Numbers

If you have trade breaks or have clearing questions on the new bond platform, please contact us between 8:00 a.m. and 6:00 p.m. (EST).

Forms and Applications

General Agreements

NYSE Bonds Connectivity Application

This application allows current NYSE Member Firms access to the NYSE Bonds platform.

Licensing

Trading License Application

This Bonds Trading License (BTL) is for NYSE Member Organizations who only want access to Trade on the NYSE Bonds Platform.

Connecting to NYSE Bonds

For more information about NYSE Bonds connectivity options, and for forms, applications and procedures, please visit the Connectivity section.

Fees

NYSE Price List